Fifth Third Bancorp Acquires 3,305 Shares of Mettler-Toledo International, Inc. $MTD

Fifth Third Bancorp grew its holdings in Mettler-Toledo International, Inc. (NYSE:MTD) by 377.3% during the first quarter, Holdings Channel reports. The firm owned 4,181 shares of the medical instruments supplier’s stock after acquiring an additional 3,305 shares during the quarter. Fifth Third Bancorp’s holdings in Mettler-Toledo International were worth $5,272,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in MTD. Reflection Asset Management acquired a new stake in Mettler-Toledo International during the fourth quarter worth approximately $26,000. Whipplewood Advisors LLC acquired a new position in Mettler-Toledo International in the first quarter valued at approximately $25,000. Elyxium Wealth LLC acquired a new position in Mettler-Toledo International in the fourth quarter valued at approximately $29,000. DV Equities LLC bought a new position in shares of Mettler-Toledo International during the 4th quarter worth approximately $40,000. Finally, Root Financial Partners LLC boosted its holdings in shares of Mettler-Toledo International by 45.5% during the 1st quarter. Root Financial Partners LLC now owns 32 shares of the medical instruments supplier’s stock worth $40,000 after buying an additional 10 shares in the last quarter. Institutional investors own 95.07% of the company’s stock.

Mettler-Toledo International Stock Down 1.9%

Shares of NYSE:MTD opened at $1,310.09 on Friday. The firm has a market capitalization of $26.48 billion, a PE ratio of 30.72, a P/E/G ratio of 2.79 and a beta of 1.24. The company has a 50-day moving average price of $1,182.01 and a two-hundred day moving average price of $1,282.74. Mettler-Toledo International, Inc. has a twelve month low of $1,023.05 and a twelve month high of $1,525.17.

Mettler-Toledo International (NYSE:MTD) last posted its quarterly earnings results on Thursday, May 7th. The medical instruments supplier reported $8.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.70 by $0.21. Mettler-Toledo International had a net margin of 21.40% and a negative return on equity of 622.80%. The company had revenue of $947.13 million for the quarter, compared to analyst estimates of $943.14 million. During the same quarter in the previous year, the firm posted $8.19 earnings per share. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. Mettler-Toledo International has set its FY 2026 guidance at 46.300-46.950 EPS and its Q2 2026 guidance at 10.700-10.850 EPS. Analysts anticipate that Mettler-Toledo International, Inc. will post 46.63 earnings per share for the current fiscal year.

Analyst Ratings Changes

MTD has been the subject of several research analyst reports. JPMorgan Chase & Co. lowered their price objective on shares of Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Jefferies Financial Group raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and increased their target price for the stock from $1,400.00 to $1,450.00 in a research note on Friday, March 20th. Citigroup reduced their price target on shares of Mettler-Toledo International from $1,700.00 to $1,550.00 and set a “buy” rating for the company in a report on Friday, May 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mettler-Toledo International in a research note on Tuesday, July 7th. Finally, Wolfe Research initiated coverage on shares of Mettler-Toledo International in a report on Tuesday, June 2nd. They set a “peer perform” rating on the stock. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $1,408.55.

About Mettler-Toledo International

Mettler-Toledo International Inc is a global manufacturer and distributor of precision instruments and services for laboratory, industrial and food retail applications. The company’s product portfolio includes laboratory balances and analytical instruments, industrial weighing systems, process analytics and sensors, metal detection and x-ray inspection equipment, checkweighers, and a range of automated inspection and data-management solutions. Mettler-Toledo also provides software, calibration and lifecycle services intended to support compliance, quality control and operational efficiency across customer facilities.

The company serves a broad set of end markets including pharmaceutical and biotech laboratories, chemical and food processors, logistics and manufacturing operations, and retail environments where accurate weighing and inspection are critical.